Dallas, TX is an interesting urban area with plenty to explore and enjoy. The average rent for a two bedroom in Dallas is $1,090, which is significantly lower than the national average of $1,430. This makes Dallas an attractive option for those looking for more affordable housing options. Additionally, the cost of groceries in Dallas (index score of 92) is lower than the US average (index score of 100).
Dallas boasts a diverse professional and cultural scene; some of its most notable companies include Texas Instruments, AT&T Inc., Southwest Airlines Co., 7-Eleven Inc., Kimberly-Clark Corporation, Frito-Lay Company and Neiman Marcus Group. Apart from these larger companies, there are also plenty of smaller businesses such as farmers markets and locally owned restaurants that add to the rich culture of Dallas.
Dallas (zip 75216) has an unemployment rate of 7.4%. The US average is 6.0%.
Dallas (zip 75216) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 45.1%, which is higher than the US average of 33.5%.
Tax Rates for Dallas (zip 75216)
- The Sales Tax Rate for Dallas (zip 75216) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Dallas (zip 75216) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Dallas (zip 75216)
- The average income of a Dallas (zip 75216) resident is $11,688 a year. The US average is $28,555 a year.
- The Median household income of a Dallas (zip 75216) resident is $31,063 a year. The US average is $69,021 a year.